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Crouch LLC Placed in Service on May 19, 2018 Machinery

Question 56

Multiple Choice

Crouch LLC placed in service on May 19, 2018 machinery and equipment (7-year property) with a basis of $3,200,000. Assume that Crouch has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including §179 expensing (but ignoring bonus depreciation) . (Use MACRS Table 1)


A) $457,280.
B) $300,000.
C) $714,410.
D) $760,072.
E) None of the choices are correct.

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